Card Coalition FY2021 filing

Alexandria, VAUnknown exempt organizationSince 2000EIN 52-1774272

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Educate state legislators on the payment Card industry

$250K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $32K a year · 11% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$250K
to officers and key staff · 82% of spending
Concern: pay to officers and key staff is 82% of spending; over 30%.
Pt VII · Sec A
Cash reserves
18 mo
of spending, in cash
Looks good: 17.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$152
0.03% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$318K
+23% vs prior year
Spent
$305K
To programs
0%
Net assets
$446K
By yearFY2020–FY2025
Revenue
$318K
FY2021▲ +23%
Revenue by fiscal year
FY2020$259K
FY2021$318K
FY2022$370K
FY2023$240K
FY2024$284K
FY2025$313K
Expenses
$305K
FY2021▲ +6%
Expenses by fiscal year
FY2020$286K
FY2021$305K
FY2022$286K
FY2023$360K
FY2024$328K
FY2025$410K
Net assets
$446K
FY2021▲ +3%
Net assets by fiscal year
FY2020$432K
FY2021$446K
FY2022$530K
FY2023$410K
FY2024$366K
FY2025$269K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

20 people listed on the 990; $250K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$130,000Pt VII · Sec A
General Counsel
$120,000Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2021FY2020
Toni Bellisimo$135,000$130,000$130,000$130,000$118,315
Frank Salinger$135,000$130,000$130,000$120,000$118,315

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Card Coalition executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates state legislators about the payment card industry.

Provided by the organization

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3 programs · in their own filed words · FY2021
01

Attended and participated in regional and national meetings of public policy groups to add information and expert input to discussions of state legislation on card industry issues.

Pt IX · col B
02

Scheduled, sponsored, and conducted more than 40 conference calls to discuss state legislative issues related to state legislative interests of card industry.

Pt IX · col B
03

The directors hold quarterly, in person board meetings, to discuss pending legislation and regulations; coordinate responses thereof and manage the coalition.

Pt IX · col B

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$318K
Ln 12
Fees for servicesLn 2g$318K
Investment incomeLn 3$44
Money outPt IX
$305K
Ln 25
Owns and owesPt X
$446K
net assets · Ln 32
Cash and savingsLn 1–2$446K
Total assetsLn 16$446K
LiabilitiesLn 26$152
PeoplePt VI, VII
20
listed · VII A
PaidVII A2
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$318K
Investment incomeLn 3$44
Total revenueLn 12$318K
Assets in detailPt X, end of year
CashLn 1$296K
SavingsLn 2$150K
Cash and savings togetherLn 1–2$446K
Total assetsLn 16$446K
LiabilitiesLn 26$152
Net assetsLn 32$446K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$432K$446K
Total assetsLn 16$432K$446K
LiabilitiesLn 26$0$152
Net assetsLn 32$432K$446K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$250K$0$0$0
Accounting feesLn 11c$1K$0$0$0
Office expensesLn 13$163$0$0$0
Information technologyLn 14$2K$0$0$0
Conferences, conventions and meetingsLn 19$3K$0$0$0
InsuranceLn 23$2K$0$0$0
Other expenses (24a–d)Ln 24$47K$0$0$0
Total functional expensesLn 25$305K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $313K$410K−$97K$269K 990 PDF
FY2024 $284K$328K−$44K$366K 990 PDF
FY2023 $240K$360K−$120K$410K 990 PDF
FY2022 $370K$286K$84K$530K 990 PDF
FY2021 Viewing $318K$305K$13K$446K 990 PDF
FY2020 $259K$286K−$27K$432K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $318,044 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$318,000
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $44$44
VIII-12 Total revenueRelated to mission $318,000 · Unrelated business $0 · Excluded from tax $44$318,044
Part IX · Statement of functional expenses $304,560 across 7 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$250,000
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$1,350
IX-13 Office expensesPrograms $0 · Management $0 · Fundraising $0$163
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$1,661
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$2,675
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$2,202
IX-24 Other expenses (24a–d)Programs $0 · Management $0 · Fundraising $0$46,509
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$304,560
Part X · Balance sheet $445,791 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $332,126$295,752
X-2 Savings and temporary cash investmentsStart of year $100,029$150,039
X-16 Total assetsStart of year $432,155$445,791
X-17 Accounts payable and accrued expensesStart of year $0$152
X-26 Total liabilitiesStart of year $0$152
X-27 Net assets without donor restrictionsStart of year $432,155$445,639
X-32 Total net assets or fund balancesStart of year $432,155$445,639
X-33 Total liabilities and net assetsStart of year $432,155$445,791
Part XI · Reconciliation of net assets $445,639 net assets at year end
XI-1 Total revenue$318,044
XI-2 Total expenses$304,560
XI-3 Revenue less expenses$13,484
XI-4 Net assets at start of year$432,155
XI-10 Net assets at end of year$445,639

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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